Critical Materials, the leading structural health management and monitoring company, has agreed the completion of a management buyout that will see the brand relaunch as Stratosphere. The management buyout sees the original founders acquire Critical Ventures’ shares. The company will retain its intellectual property, management team and headquarters in the Portuguese city of Guimar«Șees.
From September 2019, Stratosphere S.A. will become the new global brand of Critical Materials S.A. The company develops advanced solutions for the evaluation and management of critical applications of materials and structures. The company works in industries including aerospace, defence and energy.